Redefining Ownership, Empowering Everyone
The Evolution of Burnt and the Birth of XION
In the ever-evolving landscape of Web3, Burnt has emerged as a pioneer, not just in technology but in ideology. The journey began post-Banksy burning, a symbolic act signaling the birth of a space dedicated to the future of art. From 2021 to 2022, Burnt focused on no-code products and early NFT standards, yet a realization dawned â the industry was ensnared in an echo chamber, building for itself and not for the world.
Section 1: Breaking the Echo Chamber
While some strive to break the insular approach, the consequences linger. The industry expects users to navigate a labyrinth of jargon, discern between legitimate projects and scams, and grapple with an impossible UX. The innovation, predominantly at the infrastructure level, serves builders more than end-users, limiting the demonstration of meaningful Web3 use cases to the world.
Section 2: The Need for a New Paradigm
Building barriers instead of bridges, the industry inadvertently became exclusive rather than inclusive. Burnt recognized this paradox: aspiring to redefine ownership while inadvertently becoming the elite it sought to counter. The critical question arose: How can ownership truly be redefined if access remains confined to the highly technical?
Section 3: The Second Coming of Burnt
Amidst these reflections, Burnt undergoes a metamorphosis. Rebranding from Burnt Finance to Burnt, the new name and vision transcend the limitations of DeFi. Burnt now aims to rebuild broken systems of ownership through any means necessary, leveraging technology, products, experiences, and more. Web3, with its potential to redistribute power and financial cooperation at scale, becomes pivotal in this pursuit.
Section 4: Unveiling XION - A Chain for Consumer Adoption
After a year in the making, Burnt introduces XION, a groundbreaking chain purpose-built for consumer adoption. XION aims to dismantle technical barriers for consumers through features like seamless fiat on/off ramps, direct credit card purchases, Web2 logins, mobile support with safe account abstraction, and zero gas fees. At its core, XION empowers everyone to access true ownership, regardless of technical expertise.
Section 5: Shaping the Future with XION
XION provides Burnt with the canvas to shape the economics of its ecosystem comprehensively. Incentives align seamlessly across infrastructure, developers, products, creators, and end-users. This marks Burnt's first step towards a future where true ownership is accessible to everyone.
đ„Conclusion: An Exciting Journey Ahead
As Burnt unveils XION and embraces a new vision, the journey has just begun. Stay tuned for in-depth insights into XION's roadmap, upcoming projects, and the revolutionary path Burnt is carving in the world of Web3. Follow us on Twitter and Discord for real-time updates on this thrilling odyssey.
#XION #Web3đ€đ„đ #blockchain
